BNY Mellon Reports Fourth Quarter 2020 Earnings Of $702 Million Or $0.79 Per Common Share, Includes $0.18 Per Share Negative Impact Of Notable Items

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Bank of New York (BK) Tops Q4 EPS by 7c

January 20, 2021 6:31 AM EST

Bank of New York (NYSE: BK) reported Q4 EPS of $0.96, $0.07 better than the analyst estimate of $0.89. Revenue for the quarter came in at $3.84 billion versus the consensus estimate of $3.81 billion.

"During 2020, our business and operational resilience, enhanced by our technology and digital capabilities, enabled us to rapidly support our clients, employees and the financial system through immense stress and volatility. At the same time, we continued to advance our strategic priorities and longer-term growth agenda across all of our... More